Riyadh – Mubasher: Saudi Arabia on Monday announced releasing the Saudi-Ethiopian mogul after a more than one-year arrest in the kingdom’s anti-corruption campaign, which occurred in November 2017.
The GCC nation did not announce any official explanation for Mohammed Al Amoudi’s release, Bloomberg News reported.
Marking the drive’s latest detainee to be freed, Al Amoudi was released after Ethiopia’s prime minister Abiy Ahmed discussed his situation with the kingdom’s authorities during 2018, according to the Ethiopian premier’s Twitter account.
Al Amoudi’s release was of critical importance for the African country as he owns assets there.
The Saudi-Ethiopian investor was among princes, and several former and current ministers who were prisoned in Ritz-Carlton hotel in Riyadh in November 2017 on the back of corruption charges.
An anti-corruption committee chaired by Crown Prince, Mohammad bin Salman, was formed under a royal decree by King Salman bin Abdulaziz and issued the arrests.
The committee was formed to preserve the country’s public money, issue travel bans, and freeze bank accounts.
